Lindbrook Capital LLC Purchases 554 Shares of Teradyne, Inc. (NASDAQ:TER)

Lindbrook Capital LLC raised its position in shares of Teradyne, Inc. (NASDAQ:TER) by 72.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,319 shares of the company’s stock after purchasing an additional 554 shares during the quarter. Lindbrook Capital LLC’s holdings in Teradyne were worth $143,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cornerstone Planning Group LLC bought a new stake in shares of Teradyne in the third quarter worth approximately $26,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Teradyne in the third quarter worth approximately $27,000. CVA Family Office LLC bought a new stake in shares of Teradyne in the fourth quarter worth approximately $33,000. Venturi Wealth Management LLC bought a new stake in shares of Teradyne in the third quarter worth approximately $36,000. Finally, NBC Securities Inc. bought a new stake in shares of Teradyne in the third quarter worth approximately $37,000. 99.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Ernest E. Maddock acquired 1,000 shares of Teradyne stock in a transaction dated Thursday, February 1st. The shares were purchased at an average price of $94.07 per share, for a total transaction of $94,070.00. Following the completion of the transaction, the director now directly owns 4,728 shares in the company, valued at approximately $444,762.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider Richard John Burns sold 317 shares of the stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $112.68, for a total transaction of $35,719.56. Following the completion of the transaction, the insider now directly owns 20,300 shares of the company’s stock, valued at $2,287,404. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ernest E. Maddock acquired 1,000 shares of Teradyne stock in a transaction on Thursday, February 1st. The stock was purchased at an average cost of $94.07 per share, for a total transaction of $94,070.00. Following the purchase, the director now owns 4,728 shares in the company, valued at $444,762.96. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 11,797 shares of company stock worth $1,248,237. 0.18% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TER has been the subject of a number of research analyst reports. Evercore ISI initiated coverage on shares of Teradyne in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target for the company. Cantor Fitzgerald reissued a “neutral” rating and issued a $110.00 price objective on shares of Teradyne in a report on Monday, March 4th. Finally, JPMorgan Chase & Co. upped their target price on shares of Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Teradyne has an average rating of “Hold” and an average price target of $113.73.

Teradyne Price Performance

TER opened at $99.85 on Wednesday. The company has a 50 day simple moving average of $105.27 and a two-hundred day simple moving average of $100.37. The firm has a market cap of $15.27 billion, a P/E ratio of 36.58 and a beta of 1.56. Teradyne, Inc. has a 1-year low of $81.07 and a 1-year high of $119.20.

Teradyne (NASDAQ:TER) last issued its earnings results on Tuesday, January 30th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. The company had revenue of $670.60 million during the quarter, compared to the consensus estimate of $674.99 million. Teradyne had a net margin of 16.77% and a return on equity of 19.45%. Teradyne’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 EPS. Equities analysts anticipate that Teradyne, Inc. will post 2.82 earnings per share for the current year.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.